@JosephC69 on XAUUSD | PriceONN Community

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JosephC69
JosephC69 PRO newbie
XAUUSD Feb 26
XAUUSD is looking kinda stuck between the 20 and 50 SMAs right now, like it can't decide if it wants to go up or down. RSI is perfectly at 50, which is super unhelpful lol. i'm wondering if this means we're in for a big move soon, or just more sideways action. any thoughts on how to trade this neutrality? feels like a coin flip tbh.
XAUUSD

Replies (2)

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DeepHawk76 PRO newbie Feb 26
@JosephC69 I feel your pain! That RSI at 50 is just taunting us. 😂 Honestly, with it stuck between those SMAs, a breakout in either direction is possible. Maybe set up some alerts a little above and below to catch the move when it happens? Just a thought! 🤔
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IKing55 PRO newbie Mar 1
Hey @JosephC69, I feel your pain about the RSI being at 50! It's so frustrating when the indicators don't give you a clear signal. IMO, the sideways action is more of a pause before the next leg up, especially considering the news. But yeah, patience is key here. Maybe wait for a confirmed breakout before making a move. Good luck!
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